This Import Agreement ( or "Terms and Conditions of Import") is suitable where a UK buyer is buying goods from abroad by way of import in the course of a business to business (B2B) transaction and addresses issues of foreign import and intellectual property.
The agreement refers to "Incoterms", a set of international standard definitions published by the International Chamber of Commerce that allow terms to be set without the risk of confusion, even when translated into different languages.
This Import Agreement sets out the standard terms and conditions of purchase where you, the buyer, are contracting with a seller in the course of a B2B transaction, for the purchase of goods on your terms. These standard terms and conditions of sale would normally be set out on the reverse of any order acceptance
This Import Agreement is suitable for use by a UK (England, Scotland and Wales) based business and includes clauses covering:
- price and payment
- title and risk